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(Updates from 10:47 a.m. ET with closing information.)
NEW YORK (
) -- Here's what Jim Cramer had to say on
"Squawk on the Street" Wednesday.
Brean Capital downgraded shoe retailer
. Cramer said it's now common for analysts to downgrade a stock simply because it's had a big run. DSW fell 2.3% to $85.74.
JPMorgan said to take profits in
. "Hey, great call by them," Cramer said in response. TASR dropped 5.9% to $11.15.
Cramer said to buy
if you think oil is going higher. "They're a great company," he added. CLB was up 2.5% to $154.38.
and Cramer joked that he can't even walk by the store because it's so expensive. MOV was up nearly 1% to $42.87.
should continue to do well thanks to the strong online advertising market, Cramer said. ECOM was flat at $32.96.
is doing well, Cramer said. He added that investors should not group this stock with teen retail. ANN was up 2.1% to $34.11.
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-- Written by Bret Kenwell in Petoskey, Mich.
At the time of publication, Cramer's Action Alerts PLUS had no position in the stocks mentioned.
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